Thread: The Fair Tax
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Old 04-30-2008, 07:40 PM   #6 (permalink)
PsiCop
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Lightbulb It's not a "fair" tax, it's a "national sales tax"

Quote:
Originally Posted by buzz2 View Post
I listen to "The Neal Boortz Show" about every day on the radio. When I first started listening, he was talking about the "fair tax". The more I listened, the more I liked the idea. They're trying to get enough sponsors in congress and the senate to put it to a vote. I bought both books about it, written by Congressman John Linder and Boortz. They're very informative. I was just wondering if any of yall have heard of this and what you think of the idea and whether you'd support it, if it were to come before the American people for a vote? I like the idea of getting rid of the IRS and not having to file income taxes anymore. Everyone would only have to pay taxes on what they spend.
I think it would help to bring businesses back to this country instead of outsourcing to avoid all those corporate taxes we have now. It could create jobs. Even though most tax lawyers would be out of a job. I'm sure they'd find jobs elsewhere. It would make the tax system "transparent". You'd know exactly what you're paying for. What do yall think?
The reason why jobs are being expatriated has nothing to do with the tax system. It has everything to do with the cost of labor. It costs pennies on the dollar to hire people in places like Mexico, India, China, etc. No national sales tax can change that. The only tax policy that could stop it, would be a direct tax on expatriated jobs ... and we all KNOW that will NEVER happen.

The belief that a national sales tax will magically fix the country, is wishful thinking, pure and simple. Neither will a revenue-collection bureaucracy disappear ... the idea that a sales tax can collect itself is laughable. Of course there will still be an IRS under a national sales tax ... they will just be collecting the tax from anyone who sells anything, rather than from every business and person.
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